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20130115
20130123
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KQEH (PBS) 11
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Search Results 0 to 10 of about 11 (some duplicates have been removed)
, dealing with infrastructure challenges and budget deficits. and we need to expand our tax base, and we need to take advantage of what's happening right now. >> reporter: exactly how we take advantage is ripe for debate, but most agree better education and visas for the scientists we train in the u.s. is a good start. and remember what i.b.m.'s myerson said about continuity-- it's just as important to a >> the moment you believe there is no danger of losing your edge is when it disappears on you. >> reporter: suzanne pratt, "n.b.r.," at the watson research center. >> susie: the u.s. needs to make structural changes to restore its competitiveness. that's the main conclusion of an extensive study on american competitiveness by harvard business school professor michael porter. when i talked with him, we began our conversation by discussing why competitiveness matters for the u.s. economy. competitiveness is the coexistence of two things: one is a business environment in the united states that allows companies based here to compete successfully in the global economy but while maintaining or
in the capital gains tax, which didn't come to fruition, but nevertheless, prudent visitorinvestors sold the stock. and from that standpoint, the stock attracts current levels, especially out of earnings. >> susie: and earnings are coming out next week, and we'll be tracking that. and we'll see how the stock does after that. thanks, david, david garrity. >> tom: investors sorting through a slew of economic data today. u.s. industrial production hit its highest point in more than four years in december, while consumer prices, were flat last month, pointing to muted inflation pressures. still, the u.s. major averages ended mixed: the dow off 23 points, pulled lower by weakness in boeing shares, the nasdaq rose six, the s&p up just a fraction. >> susie: and the federal reserve's latest snapshot of the u.s. economy isn't picture perfect, but it is positive. today's beige book report showed signs of solid overall economic growth. each of the fed's 12 districts showed either "moderate" or "modest" growth, steady or expanding real estate activity, and some growth in consumer spending from decem
we left montgomery, we were being investigated for our taxes and they had accused him of falsifying his taxes. of course, martin was very careful about making sure that he doubted all the is and cross all the t's. he said, they're not going to find anything. they decided, the date we moved to atlanta, the law enforcement people here arrested him. i could not understand why they arrested him when he got back to atlanta. that was his home. that is what it was. they had accused him of perjury, a very serious crime. when he realized that this was what had happened -- it had to happen, he had to pay something like $1,500. not a lot of money -- in that day, it was a pretty good sum of money. he said, i do not have time to get lawyers and go to court, so i will pay this even though i do not owe it. they said that by paying it, that was an admission of guilt. he got very depressed, extremely depressed. he said, "i will spend the rest of my life trying to prove that i did not steal the money." i said, "you know you did not steal it. you just have to go on. people will eventually no." -- even
to splurge on a big trip? >> i think consumers have had a tough run and now they know what their tax situation is of for 2013 based on what happened in washington recently, and the ones work say i have nigh job, interest rates are low. it's not that bad. i want to take my vacation. >> susie: is business strong enough that you're going to add some jobs and what are your hiring plans? >> every time we launch a new ship, it brings on a lot more employees. we're 20,000 strong at this point. and if you think about there are a couple of thousand that come along with each new ship we're building in the future here. >> susie: kevin, thank you so much. great talking with you. >> appreciate it, take care. >> reporter: still ahead, more than half a million people are expected to converge on washington this weekend for the president's inauguration. we'll take a look at the economic impact. >> tom: u.s. stocks were little changed, despite a big jump in growth in china. china's economy rose by nearly 8% during the last three months of 2012, up half a percent from the previous quarter. still, for t
back to california. governor jerry brown says he's fixed the state budget by increasing taxes and keeping a tight rein on spending. he declared an end to the state's prison crisis. correspondent spencer michels sat down with the governor earlier this week in an interview for the pbs "newshour." in this segment, they discuss whether california is really out of the woods and the governor's plans for the future. >> governor jerry brown, thanks very much for talking with us. >> sure. >> governor, proposition 30 in california was sold that it would help the schools and almost exclusively help the schools. are the california schools out of the woods? >> you say out of the woods. we live in the woods, so we don't get out of the woods. but the money is definitely going to the schools. it's very helpful. we're paying down the debt. the state took in borrowing $2.7 billion from the schools and over the next five years we're going to pay back our debts to the schools from the state and they're going to see per kid over about $2,300 per kid for all 6 million kids in california. it's going
. because the president's plan allows george w. bush's tax cuts to become permanent. for those making less than $400,000 a year. these democrat critics fear that obama's second term instead of being quote, unquote bold will be quote, unquote cautious as his first term. and on the right, republicans moan and grown and say that -- groan and say that obama is demeaning in the way he deals with house speaker john boehner. hold on, says columnist rockman. we expect too much of obama he says because in the united states, we subscribe to the quote, unquote myth of the imperial presidency. other transformational democratic presidents such as fdr and lbj, rockman says, have substantial democratic majorities in both the senate and in the house to enact their landmark legislation. obama in contrast has had to work with a narrow democratic majority in the senate and with an opposition party, the republicans in control of the house for the two years since january 2011. well, what about ronald reagan? president of the united states two successful four-year terms. on the domestic front, he enacted a majo
set up an earned income tax credit to people who really needed it, those kinds of messages are ones that would appeal across race, region, and class. >> most people with political ambitions spent years trying to gain name recognition and a seat at the table of national politics. state senator, was not just another political figure. for months to the day after his first appearance with us in 2004 he had delivered what many described as one of the most electrifying keynote speeches in american history at the democratic national convention that year in boston. tavis: it is fascinating to me, coming into the national consciousness as we were talking the other day, we were talking and it was fascinating to sit here in this hall and watch you come into the process of -- consciousness of everyone across the country. >> the nice thing aside from having a wife who has a great sense of humor and does not take this stuff too seriously, to remind you of who you are, what i tried to do in that speech is give voice to what i am hearing from voters and the south side of chicago and downstate illin
that was good risk/reward. on the dividend theme i think our call was that the tax rate wasn't going to rise the way it was written in the law. we have seen that and this is a pretty compelling group of stocks. you have low payout and bond rates are low so you can buy dividend stocks that yield well relative total attorney difficults in the bond market. on the megacap stocks you have a lot of large high quality american companies that should be able to grow at or higher than the rate of the market or cheaper than the market and also have those higher dividends. >> susie: and the other two sectors that you also recommend to your morgan stanley clients, health care, companies like cardinal health, and industrials like honeywell, general motors what is the story there? >> well, for health care look, when you want to be a little defensive in the markets's natural for people to think about two sectors, health care and staples. we really like health care more than staples right now. we see that pretty clearly. health-care companies are beating estimates more, they have higher cash balances and you
this quarter. that's as all americans adjust to smaller paychecks due to higher taxes. >> the hit to incomes are going to be a first quarter event for the most part, so much of that effect will be felt in the first quarter and it gradually dissipate in our view as the year wears on. >> reporter: so, what will it take for the economy to return to much stronger footing. many say the answer lies with the housing market, which needs to built a stronger foundation. that brings us back to lenane and one of her listings. it's a five bedroom condo with river views. it can be yours for $4.75 million. >> to be able to get 3,100 square feet in manhattan is a real rarity, especially the bedroom count because people are really having families and staying in the city. and, this apartment really speaks to that. so that's why we've had such great traffic. >> reporter: traffic maybe, but will it sell? perhaps if the economy continues to show fresh signs of life. suzanne pratt, "n.b.r.," new york. >> tom: disappointing. that describes the last quarterly financial performances from two of the country's biggest
and technology to remake our government, revamp our tax code, reform our schools and empower our citizens with the skills they need to work harder and learn more, reach higher. while the means will change, our purpose endures. nation that rewards the effort and determination of every single american. that is what this moment requires, that is what will give real meaning to our freedom. we, the people, still believe in every citizen deserves a basic measure of security and dignity. we must make the hard choices to reduce the cost of health care and the size of our deficit. but we reject the belief that america must choose between caring for the generation that built this country and investing in the generation that will build its future. [ applause ] for we remember the lessons of our past when twilight years were spent in poverty and parents of a child with a disability had no where to turn. we do not believe that anyone country freedom is reserved for the lucky or happiness for the few. we recognize that no matter how responsibly we live our lives, any one of us at any time may face a jo
Search Results 0 to 10 of about 11 (some duplicates have been removed)

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